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1372 SAND BRANCH RD
BLACK MOUNTAIN, NC 28711-9224
Asking Price
$2.35M
Asset Type
Agricultural Land
Class
Class B
What's Special
183 Acres, Open Use, Private Lake/pond - Black Mountain NC <p><strong style="color: rgba(0, 0, 0, 1)">A rare opportunity to steward a multigenerational Western North Carolina farm encompassing approximately 183.73 acres in Buncombe County. Held within the same family for more than a century, this remarkable legacy property reflects deep agricultural roots, abundant natural resources and a history of careful land stewardship, offering a unique combination of privacy, scale and authenticity. </strong></p>
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NOI
$80,000
Cap Rate
3.40%
DSCR
0.57
Underwater
Cash-on-Cash
-8.44%
Monthly Payment
$11,626.518
Annual Cash Flow
$-59,518.214